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Positive external trends that will help a firm improve performance are:
AOpportunities
BObligations
CLiabilities
DFormalities
Answer & Solution
Correct answer: A. Opportunities
1. Spotting them early matters.
2. They can be exploited before rivals act.
3. These are opportunities.
_Source: NCERT Class 12 Business Studies Part I, Chapter 3, Business Environment._
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